Business

Trump Threatens EU with 100% Tariffs Amid Digital Tax Conflict

President Donald Trump has issued a stark warning to European countries contemplating the introduction of digital services taxes aimed at American tech giants, threatening a 100% import tariff on their goods. Trump highlighted that several European nations are evaluating such measures and cautioned that any move to implement them would be met with swift trade penalties. He made it clear that these tariffs would...

Tech Surge and Oil Drop Propel Asian Markets Upward

Asian stock markets saw gains on Thursday, primarily driven by robust performances in Japan and South Korea. This upswing was largely attributed to a surge in technology shares, following promising earnings reports from prominent US chip manufacturers. The optimism among investors was fueled by Qualcomm and Micron Technology, both of which raised their financial forecasts, thereby invigorating demand for semiconductor stocks throughout the region. Qualcomm's...

Erdoğan, Singapore’s PM Wong Discuss Enhancing Bilateral Cooperation

In a recent meeting, Turkish President Recep Tayyip Erdoğan and Singapore Prime Minister Lawrence Wong focused on enhancing bilateral relations and exchanging insights on...

Stocks Surge as Oil Prices Fall Amid Iran Deal Optimism

U.S. stock markets experienced their most significant single-day surge in two months as oil prices dropped sharply, influenced by potential diplomatic progress between the...

US Considers 12.5% Tariff on Singapore Amid Forced Labor Dispute

Singapore may soon be subjected to a new 12.5% tariff on its exports to the United States, following a trade investigation by the US....

Oil Price Decline Boosts Asian Markets Amid Hopes for Iran Peace

Asian stock markets largely advanced on Monday, buoyed by a sharp drop in oil prices following a statement from US President Donald Trump indicating...

Peso Plummets to New Record Low at 61.75 Against Dollar

The Philippine peso reached a new all-time low on Monday, closing at P61.75 against the US dollar, down by 2.9 centavos from its previous...